Hope Center

Analysis

Hope Center is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Center reported income of $61k and spending of $92k, spending 150% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $61k (+13%), an average of +13% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Center sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 18th percentile within WA. Charities of a similar size with the same main cause include Helping Oppressed Mothers Endure Inc ($61k), Caring Connection Inc ($61k) and Taylors Daycare & Learning Center Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.3% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.